Thursday, December 2, 2010

October Construction Spending: Still Slow

[mEDITate-OR:
buy into an inferior product..., don't you see...!!!

Below we show Jim @ CR's charts.
These provide U.S. with another view of the data.
What both show U.S. is that "construction" is WAY down, and seems to be unable to get back up.
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We're Sold on your graphs.
We've been following Jim @ CR for a few years now, and recognized his as far superior to any other media versions.

Sold's, which have been picked up on CSMonitor, are the only ones we have seen that make full use of color for data differentiation.

What almost NO media do is separate single family from condo/apartment permit applications, construction starts, and/or sales. Bcuz multi-units are far more volatile that singles, they skew the data, every month. They do not even parse out condo foreclosures. With CR and Sold we are part way there.

Sold (good) on ya, ma man.
As Tony the Tiger oft said to U.S. GREAT work. (or something like that)

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October Construction Spending: Still Slow
http://seekingalpha.com/article/239545-october-construction-spending-still-slow?source=email_the_macro_view
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